Form 4: Marpai Director Shiv Sagiv Reports Stock Transactions

Marpai, Inc. Director Shiv Sagiv has reported transactions involving Class A Common Stock, including the forfeiture of unvested RSUs and the acquisition of vested RSUs.

Summary

• Director Shiv Sagiv reported a forfeiture of 50,000 unvested restricted stock units (RSUs) on December 8, 2025, with no associated cost.
• On May 29, 2026, 125,000 RSUs were acquired, which are deemed fully vested upon issuance under the Marpai Inc. 2024 Global Stock Incentive Plan.
• Following these transactions, Sagiv beneficially owns 613,667 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it reports standard insider transactions without providing new strategic information or significant changes in beneficial ownership that would strongly indicate a positive or negative sentiment.

Positives

• Acquisition of 125,000 vested RSUs indicates continued equity participation by a director.
• The RSUs were granted under the company's 2024 Global Stock Incentive Plan, suggesting a structured approach to executive compensation.

Negatives

• Forfeiture of 50,000 unvested RSUs may suggest performance issues or departure from vesting conditions, though the reason is not explicitly stated beyond 'terms of the award agreement'.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and are crucial for understanding management's confidence and equity alignment. The details of RSU grants and forfeitures are common in the technology and growth sectors where Marpai operates, reflecting standard compensation practices.

Stakeholder Impact

• Shareholders: The transactions provide transparency into director equity holdings and compensation, which can influence investor confidence. The forfeiture of RSUs might raise questions about performance, while the acquisition of vested RSUs suggests continued commitment.

Key Dates

Keywords

Marpai Inc., MRAI, Form 4, SEC Filing, Insider Trading, Stock Transaction, Director, Restricted Stock Units, RSUs, Beneficial Ownership, Equity Compensation